I was just reading that the eDash team suddenly abandoned their tokens because it would cost them ACTUAL money to send out tokens to 17000 addresses submitted to the airdrop. Suddenly it's airdrops left and right from e<insert popular abbreviation> coins. Most of these are copy/paste coins. We're getting flooded with all these crap coins suddenly appearing - most of which are either scams or someone desperate to make a quick buck, but no money or actual time invested.
So this is the rule I propose to the owners and moderators of bitcointalk.org:
If a corporation is serious enough to devote time, money and energy into an altcoin, there is no reason why they can't announce the coin/token while still in development, then post regularly about the development over several months to prove they are an actual legitimate company behind a legitimate coin/token. They should be required to submit a whitepaper and have a FULL detailed explanation of the coin/token. Finally, when they are ready to release the coin whether ICO, airdrop, etc, they can then update the post with details, when the alotted time has passed an upon approval of moderators.
So an example could be this: Post coin development with following: Company Name Company Website Individual Bio or Team Bios - MUST BE REAL AND CONFIRMED OR POST DELETED Full description of coin - this includes benefits of this coin and why it will compete with others. White paper - if not quite finished yet - have a grace period of 2 months before ANN post is permanently deleted. Distribution details (ICO,airdrop,etc) announcement NO LESS THAT 8 MONTHS from when the altcoin was introduced here on the forum. For the first 8 months - update the first post NO LESS THAN ONCE A MONTH with significant details of development.
Doing this would clear up a lot of garbage.
Thank you for reading and hopeful consideration. I'm posting this as a new topic so that members also have a chance to post their 2 cents. The decision (if there is one) should have input from the community.
Regards,
-Snow
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